Your Yaris Cash Deal Stories???

[RedRide]

I don't think it make any difference to a dealer if you pay cash or not.

Personally, I also go my '09 2d HB for abour $12500. I paid 8k down from one of my accounts and financed the rest @ 0% interest.

I could have paid the whole thing in cash but, why? The additional money I could have given the dealer is still in an interest bearing account and I'm not paying any interest on the balance.

[SilverGlow]

Originally Posted by RedRide

I don't think it make any difference to a dealer if you pay cash or not.

Personally, I also go my '09 2d HB for abour $12500. I paid 8k down from one of my accounts and financed the rest @ 0% interest.

I could have paid the whole thing in cash but, why? The additional money I could have given the dealer is still in an interest bearing account and I'm not paying any interest on the balance.

You're abit neive about the car business.

It matters a TON to the dealership how a customer pays for the car. You really think the dealership is out of the loop on financed deals? You act like you know the business, but you don't even know as much as my dog...you should be embarrassed to read your spew on this subject. The dealership gets a cut of new finance business they give banks, and other loan companies...surely you're not so inexperienced on this, are you? Maybe you're just joking, right?

The dealer would MUCH RATHER arrange the financing then for the customer to find it someplace else themselves...I love how you spew like you know what you're talking about, but it is self evident that you no nothing about the car business.

When financing a car, the dealer can and will play all kinds of tricks to force the buyer to buy extras, like lowering the interest rate if they do, or increasing it if they don't .

Often, dealerships would rather a customer NOT pay cash...they make a LOT more $$ off those that finance.

Oh, and that $ you have in your interest bearing account? Big deal! 1% or 2% is a joke. In this economy it would be far better to just pay the car off if you can, so that if there comes a crisis in your life, no worry for the car payment.

[auxmike]

@ SilverGlow

[tomato]

Originally Posted by Roscoe

When buying or selling I like the easy payment plan.....100% down

+1

Originally Posted by RedRide

I don't think it make any difference to a dealer if you pay cash or not.

Personally, I also go my '09 2d HB for abour $12500. I paid 8k down from one of my accounts and financed the rest @ 0% interest.

I could have paid the whole thing in cash but, why? The additional money I could have given the dealer is still in an interest bearing account and I'm not paying any interest on the balance.

That was clever.

Myself, I've always paid cash for my cars. However, I started out with beaters, $500 cars. I usually save up first, before buying something. Don't much care for credit and financing fees.